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    Daily Digest 10/19 – Global Debt Implosion Coming, Stronger Than Steel, Able to Stop a Speeding Bullet

    by Daily Digest

    Monday, October 19, 2020, 8:01 AM

Economy

Global Debt Implosion Coming – Egon Von Greyerz (pinecarr)

“Tom welcomes a new guest to the show Egon von Greyerz. Egon is Founder and Managing Partner of Matterhorn Asset Management AG based in Switzerland.

Egon discusses how today’s events aren’t new; we are in a pattern that repeats throughout history. Governments love to spend more than they receive in revenue, and no currency has ever survived. Deficits have been nearly non-stop since 1930, and often an unrelated trigger can cause the crisis.

Stronger Than Steel, Able to Stop a Speeding Bullet—It’s Super Wood! (jw)

Some varieties of wood, such as oak and maple, are renowned for their strength. But scientists say a simple and inexpensive new process can transform any type of wood into a material stronger than steel, and even some high-tech titanium alloys. Besides taking a star turn in buildings and vehicles, the substance could even be used to make bullet-resistant armor plates.

The Coronavirus Pandemic Will Forever Alter the World Order

The U.S. must protect its citizens from disease while starting the urgent work of planning for a new epoch.

The surreal atmosphere of the Covid-19 pandemic calls to mind how I felt as a young man in the 84th Infantry Division during the Battle of the Bulge. Now, as in late 1944, there is a sense of inchoate danger, aimed not at any particular person, but striking randomly and with devastation.

‘I’m Still Unemployed’: Millions In Dire Situation As Savings Start To Run Out (adam)

When the coronavirus pandemic hit this spring, government relief payments provided a life raft to millions of people who had been thrown out of work.

That life raft, however, is now losing air, threatening to leave the unemployed in a perilous situation just as Washington leaders struggle to clinch a new package of aid ahead of the November election.

Top US Cities Americans Are Leaving (thc0655)

The United States is full of some of the most desirable places to live on the planet. America not only has a range of natural beauty from sunny beaches to snowy mountains, but it also has a robust economy with a vast range of industries. From Amazon in Seattle to Halliburton in Houston, Americans often decide where to live based on what job opportunities they’ll find there.

Facebook and Twitter’s Intervention Highlights Dangerous New Double Standard (adam)

On Wednesday, the New York Post released what they claimed was “smoking gun” evidence of corruption involving Hunter Biden, troubled son of Democratic nominee Joe Biden.

The “blockbuster” had a controversial provenance. A computer repair shop in Delaware reportedly came to possess a laptop belonging to the younger Biden.

The “Titanic” Analogy You Haven’t Heard: Passively Accepting Oblivion (thc0655)

Whether we realize it or not, we’re responding with passive acceptance of oblivion.

You’ve undoubtedly heard rearranging the deck chairs on the Titanic as an analogy for the futility of approving policy tweaks to address systemic crises. I’ve used the Titanic as an anology to explain the fragility of our financial system and the “glancing blow” of the pandemic.

Environment

Letter from Indigenous Women (newsbuoy)

With love and peace, we, women from four indigenous nations of the Western Amazon, are fighting against the threats to our forest.

The Amazon gives life to our planet. And for us, as indigenous peoples, it is our home. Yet every day, the threats grow bigger. Oil companies, loggers, cattle ranchers, and armed groups endanger our lives and destroy our territories, and governments continue to violate our rights. They want to exploit our territories, displace us, and exterminate us.

Gold & Silver

Click to read the PM Weekly Market Commentary

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the “3 Es.”

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3 Comments

  • Tue, Oct 20, 2020 - 12:40pm

    #1
    Helix

    Helix

    Status: Member

    Joined: Sep 20 2008

    Posts: 80

    0

    The Coronavirus Pandemic Will Forever Alter the World Order

    Dude, really?  This article is a half year old!

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  • Tue, Oct 20, 2020 - 1:07pm

    #2

    000

    Status: Bronze Member

    Joined: Dec 10 2013

    Posts: 247

    1

    Scott Atlas and the Efficacy of Lockdowns, Social Distancing, and Closings

    For your consideration:

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  • Tue, Oct 20, 2020 - 3:05pm

    #3
    ezlxq1949

    ezlxq1949

    Status: Bronze Member

    Joined: Apr 29 2009

    Posts: 389

    0

    Superwood: oh no

    Now we hew down our forests to make war matériel. Great.

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